The Business Times, 31 March 1998
1998-03-31
1
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https://www.nlb.gov.sg
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The Business Times
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Title Section17 1998-03-31 1 THE BUSINESS TIMES MITA(P) 110/12/97 85C SING P O H E Internet: http://www.asial.com.sg/biztimes TUESDAY, MARCH 31, 199817 words
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Article66 1998-03-31 1 □sra MttJ* (-5.37) BT-SM WL79 (-3.20) BTOOHP 1,***** (-11.41) BTMGA ***** (-5.52) nMUtKETMOGD: U Mixed STOCK MARKET INDICES Monday Change KLSE COMP 722.96 -4.66 NIKKEI -476.22 HANG SENG 11,503.76 231.74 SET INDEX ***** -4.76 JAKARTA OOMP 541.42 -0.68 MANILA COMP _i***** -27.86 TAIPEI Wn 9.088.96 -6.87 SEOUL COMP66 words
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Article79 1998-03-31 1 FOIEZ SATES USI s» CSS 1.591 £(US$/S$ per S) 11.681 2.675 DM 1.834 0.868 YEN 131.7 1508* M$ ***** 0.442 HKS 7.747 0.206 BAHT 3822 0.042 RLP1AH 8,600 0019* •St to 100 units FUME BATES SINGAPORE* 7.81 BJALA LUMPUR 11.50 JAKARTA .28.00 BANGKOK 14.75 MANILA 12.99 HONG KONG 10.2579 words
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Article, Illustration527 1998-03-31 1 Teh Hooi Ling - New budget IDD calls up to 30% cheaper; rates for other international services also cut By' Teh Hooi Ling [SINGAPORE] Singapore Telecommunications (SingTel) yesterday announced that it will introduce budget international calls at up to 30 per cent cheaper than itsSource: Bloomberg - 527 words
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Article, Illustration714 1998-03-31 1 Anthony Rowley - Fall in industrial output also adds to disappointment over stimulus package From. Anthony Rowley in Tokyo TOKYO stock prices plunged and the yen fell to a new low against the US dollar yesterday as financial markets delivered a damning verdict on the JapaneseSource: Bloomberg - 714 words
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402 1998-03-31 1 Ang Wan May - Prime rents now average $3.50 psf per month By, Ang Wan May [SINGAPOREJ A 2,100 sq ft condominium at the luxurious Four Seasons Park, which was rented out at $14,000 a month previously, now has an asking rental of $12,000, said senior402 words
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Article, Illustration1057 1998-03-31 1 Teh Hooi Ling - Prices of handphones dive to about 30% below cost Ity' Teh Hooi Ling [SINGAPORE) A year after Singapore's mobile communications market was liberalised, the retail market for telecommunications equipment has been turned on its head. Small telecommunications equipment retailers are in danger of beingARTHUR LEE - 1,057 words
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Page 1 Advertisements
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Advertisement150 1998-03-31 1 HHBPB £Ls7m equity stamp The stock market slump punched a $157 m hole in Straits Trading's massive equity portfolio. The investment company yesterday said the regional financial crisis resulted in a sharp and sudden depreciation of its asset values after September 1997, Pglfi CttyDev profit dvwn 24% City Developments yesterday150 words
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Advertisement8 1998-03-31 1 BTs new column on rental statistics, Pg 68 words
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Advertisement129 1998-03-31 1 £E J I JH L 3 Jw l&_fl ■4*,- S 1 f- S No other ATM Card takes you to the World Cup, Only OUB can Global Purchase. Global ATM. OUB Global Auto Cash. Only OUB can give you the largest global access to your account. And now when you129 words
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Advertisement7 1998-03-31 1 Telecoms liberalisation: One year on, Pg 47 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration536 1998-03-31 2 Catherine Ong - Plans to liberalise financial services don't highlight their problems, they say By\ Catherine Ong THE government's ongoing effort to reform Singapore's financial sector has left a small but growing part of the fund management industry feeling like Cinderella poor, unloved and left536 words
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352 1998-03-31 2 David Boey - By. David Boey EDDIE Teo, Permanent Secretary at the Ministry of Defence, heads this year's Administrative Service promotions, moving from Superscale A to Staff Grade I. Mr Teo, 50, is one of four permanent secretaries who have been promoted into or352 words
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Article, Illustration335 1998-03-31 2 Audrey Tan - EYE ON THE ECONOMY Prices By. Audrey Tan THE current slump in world oil prices will likely continue to ease inflationary pressures in Singapore's domestic supply market, latest figures from the Department of Statistics (DOS) suggest. Singapore's domestic supply price in- dex stayed flatSource: Dept of Statistics - 335 words
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Article, Illustration285 1998-03-31 2 NATIONAL Development Minister Lim Hng Kiang, who will also become Second Minister for Finance from tomorrow. said yesterday he will be working on promoting Singapore as a business centre in his new portfolio. Speaking after viewing the latest public housing developmentMUHAMED SHAH/ST - 285 words
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333 1998-03-31 3 Clarissa Tan - Analysts point to interbank rates staying below 5% for past few days Clarissa Tan THE three main rivals of DBS Bank may be persuaded to cut their prime rates soon, as interbank rates prove sceptics wrong with their downward spiral. Analysts333 words
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261 1998-03-31 3 POSBANK is spending $45,000 yearly to open a savings account for primary one school kids, the bank announced yesterday. The national savings bank's aggressive campaign to go after young savers has so far garnered it over 170,000 savers aged between261 words
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Article, Illustration328 1998-03-31 3 Christopher Tan - By Christopher Tan SINGAPORE could eventually have about 100 electroni-cally-priced roads three times the number that will be controlled from September. "The system can cater for up to 100 gantries or so," Land Transport Authority senior manager of traffic and road management A PFILE PHOTO - 328 words
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277 1998-03-31 3 Toh Han Shih - By 1 Toh Han Shih AVAILABLE now a device that allows a salesperson or waiter to process your credit card electronically in front of you, and transmit the data wirelessly to the central payment system. Called the Interactive Customer Equipment (ICE),277 words
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Page 2 Advertisements
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Advertisement183 1998-03-31 2 V,. 4,V i,n 't-S^ti&fc fn iJill I^Mjfc aaBSaMMffMBSH a sational p^KfromAsl29, 000 (1 Bedroom), 9,000 (2 Bedrooms) A 5259,000 (3 Bedrooms)^«ls|gpr 416 St Kilda Road A a «r i s«»r unltv ln 10% deposit. No other payment required until final completion in mid-1999. Saturday. 4th Rental guarantee offered by developer.183 words
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Page 3 Advertisements
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Advertisement81 1998-03-31 3 xHcm It's easy. I'll just find it in The Straits Times Classified. I Dad does it all the time. He has been flying even before I started walking. I CAT S 1 MAKING EXTENDABILITY «O i^! £t* v*'^"' -h ~■< 1 *ll '^aE^'S^oR e I~f V' X~~* a I UriH81 words
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TELECOMS LIBERALISATION: ONE YEAR ON
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Article, Illustration1119 1998-03-31 4 Teh Hooi Ling - The start of Singapore's telecoms liberalisation has proved a boon for both consumers and operators alike By Teh Hooi Ling [SINGAPORE] IT's been a bumper year for the mobile phone industry in Singapore. One year after the liberalisation of the industry, there are now close toFILE PHOTO; Source: TDS - 1,119 words
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Article, Illustration765 1998-03-31 4 While new operators carve markets, subscriber base may have hit saturation [SINGAPORE] Despite the already high paging penetration in Singapore, the new paging operators still managed to carve out sizable markets for themselves, with each player adopting a slight ly different strategy. TheSource: TDS; ARTHUR LEE - 765 words
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Article573 1998-03-31 4 [SINGAPORE] One dollar handphones, anyone? That could well be the case in Singapore in the not too distant future as the cellular phone market liberalises further. "Yes, it is possible," Telecommunication Authority of Singapore (TAS) directorgeneral Leong Keng Thai told BT in an exclusive interview.573 words
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Page 5 Advertisements
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Advertisement334 1998-03-31 5 C.S J lliance Capital, one of the largest investment advisors in the by the marketplace. The ACM Investment Funds Global Growth world, is pleased to introduce through our Singapore office, ACM Trends Portfolio will invest solely in the Luxembourg-based ACM Investment Funds Global Growth Trends Portfolio, our first fund to334 words
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FOCUS: PROPERTY
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Article, Illustration703 1998-03-31 6 Lee Han Shih - THE PROPERTY COLUMM If bids for biggest state land sale In recent years foil below expectations, there'll be many repercussions By Lee Han Shih WRAPPED in their own economic worries, most people in Singapore either do not know or do not care703 words
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641 1998-03-31 6 D J Lawrence - LETTER TO THE EDITOR D J Lawrence Managing Director Marco Polo Developments I refer to Abdul Hadhi's article on the front page of BT yesterday ("Ardmore Park unit sold for 29% below '97 prices"). Your property journalists are of course entitled to their own641 words
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Article221 1998-03-31 6 WE disagree that the only correct comparison is with the original price of the unit. Here are the relevant figures for readers to judge: (a) Original 1996 sale price of the unit: 11,702 psf; (b) Average original sale price of all Ardmore Park units: $1,864 psf; (c)221 words
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136 1998-03-31 6 (SINGAPORE] The Urban Redevelopment Authority (URA) is set to give Circular Road at Boat Quay a new look by early 1999. URA has pumped $523,000 into this project. Work will begin on Thursday to widen and pave the sidewalks on both sides136 words
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Article656 1998-03-31 6 POSTAL STKETCSTATt RENTAL LAND 0UK.THN NO OF OCT -6$) (SOFT) (SOFT) BEORMS Landed Property BUNGALOW 2057 Windsor Pk 7000 4300 4200 CORNER TERRACE 2880 Cactus 3000 2260 6 SEM-D 0923 BroadrickRd 4200 7500 '3600 5+1 1545 Greenfield Or 6200 5000 3200 5 2880 JnLekub 814 3300 1500 3656 words
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Page 6 Advertisements
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Advertisement167 1998-03-31 6 F 3 FOR SALE BY TENDER FACTORY OFF JLN BUKIT MERAH 2-sty detached fty with annex bldg 99 years' tenure wef 1963 Prominent frontage Newly renovated Land area: 33,100 sq ft Redevelopment potential Built-in area: 24,600 sq ft Plot ratio: 2.5 Tender Closing Date: 22 April 1998, 3 pm INDUSTRIAL167 words
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Advertisement209 1998-03-31 6 XA 'For first 10 commitments only. Return air tickets to Vancouver including 50/4N occommodation in an exclusive hotel developed by same developer |L I 1. t 4 #S fc Km M*"* r ■r* i ilrrn 1 1 111 ■TinHfi jfl NO.I JALAN KILANG TIMOR Central Lo<ation Unmatch Design Located at209 words
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Advertisement16 1998-03-31 6 See Sunday a Sunday Classified special on antiques, collectors' items, and arts crafts L fi j16 words
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Advertisement22 1998-03-31 6 FOUND SOMETHING? Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. ICAXS-l Another Classified Service22 words
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MARKETS IN TURMOIL
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273 1998-03-31 7 AFP [BANGKOK] Thai Premier Chuan Leekpai is feted by the West as a reformer but will warn at this week's Asia-Eu-rope Meeting (Asem) that he is not yet ready to carry out unlimited restructuring. Globalisation and market liberalisation were the maxims which helpedAFP - 273 words
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Article135 1998-03-31 7 Reuters [MANILA] The International Monetary Fund (IMF) is projecting 2.5 per cent GDP growth for the Philippines, documents released by the Department of Finance yesterday showed. The IMF projected growth rate is lower than the 5.1 per cent registered last year. The forecast was scaledReuters - 135 words
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535 1998-03-31 7 S N Vasuki - Govt intends to sell shares in at least 12 state firms by June as part of IMF plan Froni S N Vasuki in Jakarta THE Indonesian government has received several offers from foreign companies keen on buying equity in listed535 words
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590 1998-03-31 7 Premier says he will be flexible with measures to take AFP (TOKYO) Japanese Prime Minister Ryutaro Hashimoto signalled yesterday that he may finally bow to intense international pressure and cut income taxes. "Considering the present occasion, I will be flexible with measuresAFP - 590 words
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Article, Illustration47 1998-03-31 7 [TOKYOI A businessman on a bicycle yesterday passing under a price board showing the day's decline on the Tokyo Stock Exchange. Share prices closed at 16,263.04p0int5, 476.22p0ints down from Friday's close, as enthusiasm over the government's planned economic package dwindled. AFPAFP - 47 words
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520 1998-03-31 7 Liberalisation to take effect this week; govt will also lift forex restrictions [SEOUL] South Korea yesterday unveiled a liberalisation package allowing foreign banks and securities firms a freer hand to enter the country, the Finance and Economy Ministry said. The package,520 words
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Article, Illustration229 1998-03-31 7 Holbrooke sends letter of apology to president, says Fuad Bernama, AFX-Asia [JAKARTA] Former US assistant secretary of state for East Asia and Pacific affairs Richard Holbrooke has apologised to President Suharto for criticising his handling of the Indonesian economy, accord ing to Finance MinisterBernama,; AFX-Asia; REUTERS FILE PHOTO - 229 words
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Page 7 Advertisements
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Advertisement10 1998-03-31 7 Visions of,/,,FUTURE are BE~I TER THAN DREAMS of the PAST^10 words
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Advertisement23 1998-03-31 7 The best hope for Indonesia: Editorial Pg 12 Buy It. Sell It. Find It. Classified. 1800-737-1166 Call Today For Results Tomorrow. A J"23 words
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Advertisement7 1998-03-31 7 Seoul revokes 2 banks' licences, Pg 107 words
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SOUTH-EAST ASIA
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447 1998-03-31 8 KUALA LUMPUR The 14, said to be from Aceh, asking UNHCR to stop their deportation Reuters, AFP FOURTEEN Indonesian illegal immigrants rammed a lorry through a gate of the UN refugee agency here yesterday seeking protection from deportation, the head of theReuters,; AFP - 447 words
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Article, Illustration308 1998-03-31 8 MANILA He's been stalking president during provincial visits, say police AFP PHILIPPINE security forces have launched a manhunt for a suspected hired assassin who has been stalking President Fidel Ramos, police said yesterday. The suspect "has been stalking the president during hisAFP - 308 words
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Article, Illustration341 1998-03-31 8 PHNOMPENH He promises to cooperate with govt, rebuild his party Reuters CAMBODIA'S ousted co-pre-mier Prince Norodom Ranar iddh returned to Phnom Penh yesterday, promising to cooperate with the authorities and to rebuild his political party in the run-up to July polls.Reuters; REUTERS - 341 words
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223 1998-03-31 8 MANILA AFP MANAGEMENT officials and labour union leaders of 250 Philippine companies have agreed to suspend strikes and hold back on lay-offs to help both sides survive the Asian financial crisis, Trade Secretary Cesar Bautista said yesterday. Management and staff of companiesAFP - 223 words
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191 1998-03-31 8 BANGKOK AFP THE seizure by Thai police of 160 allegedly smuggled cars is seen here as a sign of the country's powerful elite's growing penchant for the cheap imports, a report said yesterday. Police and customs officers have netted scores of Mercedes, BMWs,AFP - 191 words
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Page 8 Advertisements
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Advertisement140 1998-03-31 8 I Emirates has I I won Airline I I of the Year. I ft What more could you ask for? I j$ ji Best Airline to the Middle East Best Economy Class Best Cabin Staff Gold Gold Gold Best In-flight Food and Wine Best Long-Haul Airline Best In-flight Entertainment It's140 words
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CHINA-HONGKONG-TAIWAN
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Article, Illustration402 1998-03-31 9 HONGKONG New links forged to create economic power-house around Pearl River delta Reuters HONGKONG launched new links with China's dynamic Guangdong province yesterday to foster economic integration and create a combined economic power-house around the Pearl River delta. Chief Executive Tung Chee-hwa inaugurated aReuters - 402 words
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488 1998-03-31 9 BEIJING Plan to abolish subsidised rented housing in May; move stirring discontent AFP CHINA will launch ambitious reforms in May to abolish the system of subsidised rented housing which is one of the last vestiges of communist economics, the official China Daily reported yesterday.AFP - 488 words
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163 1998-03-31 9 BEIJING AFP FRENCH Vice-Minister of Foreign Trade and Economic Cooperation Jacques Dondoux yesterday praised China's "courageous" economic and administrative reforms. Speaking on the first day of a five-day trip, Mr Dondoux hailed "the courageous reforms carried out by the Chinese authorities and Prime Minister ZhuAFP - 163 words
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Article113 1998-03-31 9 BEIJING AFP CHINA'S State Statistical Bureau last year uncovered more than 60,000 "irregularities" in data supplied by official bodies or businesses, the People's Court Daily said yesterday. In 57 per cent of cases, the figures were deliberately falsified, incomplete or distorted. In 18 per cent of cases,AFP - 113 words
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361 1998-03-31 9 BEIJING Shared ownership and management will help to revitalise industry: official AFP CHINA is set to introduce shared ownership and joint Chinese-foreign management into its airports in hopes of revitalising the heavily debtridden industry, the official Xinhua news agency reported yesterday. Xia Xinghua, aAFP - 361 words
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Page 9 Advertisements
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Advertisement25 1998-03-31 9 WAIT A I COMMITTING FOR I V 1 >lj|j^f<* X I Y 0 U R CA R H* S AR R I V £D I25 words
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ASIA
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245 1998-03-31 10 SEOUL Reuters SOUTH Korean prosecutors yesterday called for an extra six-year prison sentence for the found or of the failed Hanbo Group. The Supreme Public Prosecutor's Office said additional jail time was sought for Chung Tae Soo on charges of bribery. The 74-year-oldReuters - 245 words
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379 1998-03-31 10 TOKYO Commissions on large deals to be freed up from tomorrow AFP JAPAN's once-mighty brokerage houses will fight a life-or-death battle as income from critical commissions drops as Tokyo launches "Big Bang" this week. The government is to lift regulations from April 1AFP - 379 words
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412 1998-03-31 10 WELLINGTON Economists confident about NZ economy; Treasurer promises significant budget Reuters NEW Zealand's economic growth has slowed to its lowest annual rate for over four years, but data published yesterday showed the economy was far from falling into a black holeReuters - 412 words
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147 1998-03-31 10 COLOMBO AFP SRI Lanka yesterday began transferring a 10 per cent stake in privatised plantations to 200,000 workers. Plantations Minister Ratnasiri Wickremanayake gave workers share certificates in a ceremony to mark the issue. Officials said 186,770 workers in 13 tea, rubber and coconut companiesAFP - 147 words
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226 1998-03-31 10 TOKYO Finance ministry hearing to decide on action against firm AFP [TOKYO] Japan's third largest brokerage, Nikko Securities Co Ltd, yesterday admitted paying off a ruling party lawmaker, Shokei Arai, who hanged himself last month. "Some employees at Nikko were actually involved in illegalAFP - 226 words
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Article, Illustration39 1998-03-31 10 [DHAKA] Bangladeshi traders bringing boatloads of watermelons to Dhaka from villages far away as summer begins. The sweet, juicy melons are in demand during the season as it helps millions of people quench their thirst. REUTERSREUTERS - 39 words
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Article172 1998-03-31 10 ■SEOUL Samyang and Taegu merchant banks found non-viable AFP SOUTH Korea has decided to revoke the business licences of Samyang Merchant Banking Corp and Taegu Merchant Banking Corp, the Finance and Economy Ministry said yesterday. The two merchant banks, whose operations have been suspended, haveAFP - 172 words
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Page 10 Advertisements
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Advertisement55 1998-03-31 10 rfoTV". CATS. *****-737-1166 NETW RLD INTEROP Singapore International Convention and Exhibition Centre Exhibition 1 April 3 April 1998 Step into the world of IT Connectivity Wf Hr ■r/ BjKKjffiptp v < ff i Hp K^UicrL L Organised by: WAt. < OMDI Supported by: Economic Development Board \IS National Computer Board55 words
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Advertisement266 1998-03-31 10 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified266 words
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THE WORLD
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527 1998-03-31 11 Andrew Marks - No action on rates expected bat there's still plenty of nervousness From Andrew Marks in New York WALL Street analysts are expecting US stock markets to regain their bullish ways this week, but say most investors will probably wait for the527 words
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347 1998-03-31 11 LONDON Initiative by govt could be too late, say some experts Reuters BRITISH Prime Minister Tony Blair yesterday launched a plan to recruit an army of "bug busters" to tackle the problem of the computer millennium bug but some experts said the initiativeReuters - 347 words
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Article, Illustration547 1998-03-31 11 MOSCOW Chernomyrdin's decision to run fits in with Kremlin views Reuters BORIS Yeltsin yesterday said he would not run in Russia's next presidential election but stopped well short of anointing ex-prime minister Viktor Chernomyrdin his successor-in-waiting. In his first comments onReuters; FILE PHOTO - 547 words
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Article195 1998-03-31 11 LONDON Reuters BRITISH management buyouts and buyins reached a record value of £5.25 billion (Ssl4 billion) in the first three months of 1998, according to a study released yesterday by the Centre for Management Buyout Research. The first quarter figure exceeded the total for theReuters - 195 words
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427 1998-03-31 11 BRUSSELS FT AN assault on Europe's black economy is being planned within the European Commission amid estimates that up to 28 million people are failing to declare jobs to tax authorities. Padraig Flynn, the European Union's employment commissioner, wants aFT - 427 words
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349 1998-03-31 11 DUBAI AFP THE United Arab Emirates (UAE), barely recovered from the BCCI collapse, has been hit by a fresh fraud allegedly of more than US$5O million (5579.5 million) at an Islamic bank, banking sources said yesterday. Depositors have formed large queues in aAFP - 349 words
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Page 11 Advertisements
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Advertisement192 1998-03-31 11 University of South Australia Adelaide pn tKPr phdJLmba Doctor of Philosophy in 13th Intake 18 April '98 Business Management sth Intake June '98 Designed <0 develop Innovation HBWgjWlPl' Tral an d Creativity, Leadership, 100% in Singapore Min. 3 years HgjJEHUr-Entrepreneunal, Strategic Thinking High level of face-to-face and Communication Skills ig192 words
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Advertisement8 1998-03-31 11 TODAY M_ianhe Zaobao liiEgSii «4>Sf4>£» l JH! JIMJW8 words
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Advertisement118 1998-03-31 11 THE SENSATIONAL TASTE OF FRESH, LIVE AUSTRALIAN LOBSTER v 1 MARCH 20 APRIL Dive into a sea of pleasure with our Australiai Live Lobster Cheese Gratin, Australian Lobster Sashimi, Sauteed Lobster Medallion with Goose Liver Sauce and Lobster Soup. Savour the tantalizing freshness of these lobster specialities prepared by Hong118 words
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EDITORIAL & OPINION
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Article, Illustration782 1998-03-31 12 Anthony Rowley - THE BOTTOM ZJME OPINION By Anthony Rowley The writer is BT's Tokyo correspondent THERE was something eerie and even slightly scary about the way in which senior Asian financial officials meeting in Tokyo last week intoned praises for the International Monetary Fund's handling782 words
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Article135 1998-03-31 12 'Everything is in gear. If it doesn't happen today, it's going to happen soon. What's significant is the direction of the market, which is up.' r -DonFredell trader at American Express Financial Advisors, who expects the Dow Jones Industrial Average to reach 9000. 'Four years ago, the135 words
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Article609 1998-03-31 12 EDITORIAL THE relative buoyancy in the Jakarta stockmarket and the rupiah since early this month must come like a breath of fresh air for the battered Indonesian economy. Though there is strong evidence to suggest that the Indonesian economy is contracting rapidly, the new cabinet's609 words
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Article, Illustration1187 1998-03-31 12 Leon Radar - African tour is in the tradition of US presidents who travel abroad to avoid troubles at home By'. Leon Radar The writer is BT's Washington correspondent SOME pundits in Washington are comparing the gruelling 12-day tour by US President Bill Clinton in subSaharan Africa to formerFILE PHOTO - 1,187 words
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Article909 1998-03-31 12 Pot gwwl SOME statements issued by Indonesian Armed Forces (ABRI) leaders over the past few days have brought a welcome whiff of fresh air to the crisis-burdened atmosphere. It is not so much because the statements appear to suggest growing room for free expression in Indonesia909 words
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Page 12 Miscellaneous
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Miscellaneous39 1998-03-31 12 DOOHESBURY By Garry Trudeau SOOtXHtS BROU6HT I tM HERE 70 H£LP YOU MAKE I TH &"*Y fV&! Be CBtmiN IHASCAMAUAaUTATO*. OAMUeU. rmmamim TLING things YOU'VE >Q/IVQRPSLIK&...UM... 97&AK&? 1 %2?i£Z2? MM mm I I III 11 II ill II ll39 words
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Page 13 Advertisements
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Advertisement250 1998-03-31 13 Where to wine, dine and entertain... ipljSfsi Http:// www. ana- kotels .com Not just seafood either. Visit our home page and you can order tonight's dinner from our cyl>er selection. Browse through the menu, leave us your order and it'll he ready to pick up before you can say 'information250 words
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Advertisement184 1998-03-31 13 Now at 4^^ J* THE HEEREN in Orchard .Kip ■h u^en^,c <a/ Gutstne wi If The Business Times readers \yk If Just present this ad to p 1 enjoy 15% discount At THE HEEREN outlet only E» Offer valid till 31 March'9B For reservations, call 736-1998 i fcnnoiinqrass THAI RESTAURANT184 words
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Advertisement131 1998-03-31 13 /fea/ Menu. at PAOLO j j I wK PINGS PASSIONATEIV ITALIAN TASTTFULLY CHINESE .-1 f »»f t 1 >•. »»r r V 731-7^85 mmmm 1 M ICHIBAN! Because it is that good! Treat yourself to a wide range of lapanese cuisine Enjoy Yaki Niku. Sushi, Sashimi and many more plus131 words
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Advertisement142 1998-03-31 13 Buy It. Sell It. Find It. Classified, CATS. Call Today For Results Tomorrow. 1800-737-1166 3-in-1 t*® Promotion* -15% discount off food items It and set menu 1 lucky draw coupon with every vS» $50 spent Free car waxing with $200 or more spent in a single receipt Terms and conditions142 words
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Advertisement142 1998-03-31 13 —1^ Riesling Grand Cru Kir.xbbertj 1996, i fj I ineyard Snaib O with Beer e.Alsace w bring you the wine cuisine of Alsace. 27 March 8 April Hon An or tit! s.ngapores r Highest Please call 831 6258/9 lor reservations. m«i»woo» Sponsor.-: eMpmwwf VEITEN blt_ r B MM FRANC! I142 words
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Page 13 Miscellaneous
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Miscellaneous714 1998-03-31 13 TV&RADIO 10 4.00 News 6 Today followed News Express. by Afternnon At The 12.55 Orange Road. 2.30 PM TV Innovations. Movies. L2O Egg vs Rock. 4.00 Kidz Blitz: Alf Tales I. 5.00 News 5 Today followed L4O Lives Performances. 4-30 Classic Speed Racer by Mot (Cartoon). 2.00 TV Innovations. (Last714 words
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Miscellaneous274 1998-03-31 13 CRYPTIC CROSSWORD 1 Where we have our mortgage. 9 Sculpture is ruined (4) "^T10 Don't take afternoon plane llll it's unreliable (3-2-5) BH 11 Teacher beginning to trans- I j form poor batsman H 12 Aware monarch wants to re- iii ceive present (7) ***** 15 One making paper for274 words
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EXECUTIVE LIFESTYLE
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Article, Illustration478 1998-03-31 14 VEN SREENIVASAN - Index down 3% amid continuing uncertainty, says vsn sseemzvasah VEN SREENIVASAN THE membership prices of social and recreational clubs seem to be going the way of golf clubs, judging by the March BT Social Clubs index. The seven-club index hit its lowest level ever thisCompiled by BT - 478 words
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Article, Illustration1060 1998-03-31 14 TENNIS His win over Agassi in the final of Lipton Championships ends Sampras' 102-week reign LAT-WP (KEY BISCAYNE, Florida] Marcelo Rios used his tennis racket like a magic wand, directing none other than Andre Agassi around the court at will on Sunday. And,LAT-WP; REUTERS - 1,060 words
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Page 14 Advertisements
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Advertisement1200 1998-03-31 14 SINGAPORE REINSURANCE CORPORATION LIMITED l (Incorporated in the Republic of Singapore) ANNOUNCEMENT To: All Shareholders The Board of Directors of Singapore Reinsurance Corporation Limited wishes to make the following announcement: I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1997 COMPANY GROUP 1997 1996 tor- 1997 1996 *orSS'OOO SS'OOO $$'0001,200 words
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COMPANIES & MARKETS
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591 1998-03-31 15 Lee Han Shih - Profit 28% below consensus forecast; company says results more than satisfactory By Lee Han Shih [SINGAPORE] City Developments Ltd yesterday declared a near 24 per cent drop in net profits to $409.2 million and said performance was "more than satisfactory" given the trying591 words
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223 1998-03-31 15 [SINGAPORE] Ong Beng Seng's listed Hotel Properties Limited (HPL) has sold off its interests in Hotel Pennsylvania on New York's Seventh Avenue and in the hotel's management company, for U5522.2 million (5535.3 million). Through wholly-owned subsidiary Leisure Venture Holdings, HPL owned 40 per cent223 words
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160 1998-03-31 15 [SINGAPORE] Sesdaq-listed electronics distributor Flextech Holdings yesterday proposed a one-for-five bonus share issue to help enable it to meet the minimum share capital requirement to transfer its shares to the mainboard. The company said it was planning to apply to the Stock Exchange of Singapore160 words
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744 1998-03-31 15 Jenny Lam - HOCK LOCK SIEW Jenny Lam TWO healthcare-related companies Parkway Holdings and Asiamatrix have been in the spotlight lately because of takeover speculation. Mainboard-listed Parkway Holdings saw its shares rallying strongly last week partly on renewed talk of a potential takeover by744 words
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301 1998-03-31 15 David Boey - By: David Boey [SINGAPORE] The stock market slump punched a $157 million hole in Straits Trading's massive equity portfolio. The investment firm yesterday said the regional financial crisis resulted in a sharp and sudden depreciation of its asset values after September 1997. As a result,301 words
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Article, Illustration490 1998-03-31 15 Jenny Lam - Group expects HE business to improve in near future Jenny Lam [SINGAPOREI Raffles Medical Group (RMG) listed on Sesdaq a year ago yesterday reported flat net earnings of $3.74 million in its maiden full-year results for 1997. Despite a 32.4 perFILE PHOTO - 490 words
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COMPANIES
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340 1998-03-31 16 Meera Tharmaratnam - Sabah Shipyard says it has found suspected false invoices from former associate Wing Tiek FYotti Meera Tharmaratnam in Kuala Lumpur WESTMONT Industries yesterday announced that its marine engineering unit, Sabah Shipyard Sdn Bhd, had lodged a police report after discovering suspected false invoices340 words
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135 1998-03-31 16 Bloomberg [SEOUL] Intel Corp, the world's biggest microcomputer components manufacturer, will invest as much as US$l billion (Ssl.6 billion) in South Korea this year in products and services, its president said yesterday. But Craig Barrett, at a press conference, would notBloomberg - 135 words
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382 1998-03-31 16 Reuters [HONGKONG] Hongkong's Hopewell Holdings Ltd will go ahead with its Indonesian power plant project despite the economic turmoil in that country, a senior executive said yesterday. "We are proceeding cautiously with our Tanjung Jati B project," executive director RobertReuters - 382 words
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130 1998-03-31 16 AFP [HONGKONG] Hongkong's New World Development Co Ltd said yesterday that profits rose 0.5 per cent to HK$2.2 billion (*****.4 million) in the six months to December. The territory's leading property developer said its share of profits from associate companies was HK5391.6 million,AFP - 130 words
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343 1998-03-31 16 David Boey - By David Boey [SINGAPORE] Sesdaq-listed Goldtron Limited's earnings fell 68 per cent to $7.34 million in 1997, after the expected turnaround in the electronics sector did not materialise. Hit by the regional economic uncertainty, the group is consolidating its business activities. The investment holding343 words
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Article, Illustration683 1998-03-31 16 Some deals may be unveiled today, but no closures seen Bloomberg [KUALA LUMPUR) Malaysia's deadline today for merger agreements among finance companies is likely to come and go without action against companies that have failed to join forces. That's the message fromBloomberg - 683 words
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561 1998-03-31 16 Ruth Wong - Sole defendant in one suit, 2nd defendant in seven others From Ruth Wong in Kuala Lumpur TEONG Teck Leng, chief executive officer of publiclyquoted Kuala Lumpur Industries Holdings Bhd (KLIH), has been sued by Klang-based Amsteel Securities Sdn Bhd over alleged contra losses.561 words
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364 1998-03-31 16 Bernama [KUALA LUMPUR] Arab-Ma-laysian Finance Bhd (AMFB) has received Bank Negara's approval to proceed with negotiations for the acquisition of Abrar Finance Bhd, Advance Finance Bhd and SimeFinance Bhd. In a statement, AMFB said the proposed exercise will involve the acquisition of the assetsBernama - 364 words
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COMPANY Briefs
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200 1998-03-31 16 [SINGAPORE] IMM Multi-Enterprise Ltd (IME) yesterday signed a deal to sell to Best Denki Co its 66.7 per cent interest in Yaohan Best Electrical Pte Ltd (YBE) for Ssl6 million cash. The sale, to be completed on May 26, is subject to200 words
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90 1998-03-31 16 [SINGAPORE] SM Summit Holdings yesterday said the Attorney-General's Chambers has announced that no charges have been levelled at them following the raid on their premises last August. It also ordered all the items seized during the raid to be returned to them. Summit90 words
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Article152 1998-03-31 16 [SINGAPORE] Koh Brothers Group yesterday reported a 17 per cent lower net profit of $7.4 million despite a 51 per cent jump in turnover to $377 million. For the period ended Dec 31, it made an extraordinary gain of $5.1 million arising from the listing152 words
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Article76 1998-03-31 16 [SINGAPORE] Slowdown in the electronics sector and falling orders saw Omni Mold recording a net loss of $1.97 million for the year ended Dec 31, compared to earnings of $1.07 million in 1996. Turnover fell 33 per cent to $11.56 million. The company expects76 words
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60 1998-03-31 16 [SINGAPORE] Lum Chang Holdings' profit plunged 71 per cent to $2.6 million for the six months ended Dec 31 on an almost flat turnover of $148.6 million. Earnings per share after accounting for a one-for-five bonus issue fell to 0.69 cents from 2.30 cents60 words
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Article59 1998-03-31 16 [SINGAPORE] Nobel Design Holdings yesterday posted a 72 per cent drop in net earnings to $731,000. Turnover rose 26 per cent to $48.4 million. Earnings per share fell to 0.73 cent from 3.22 cents. Net tangible asset was 13.56 cents from 13.58 cents. No59 words
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Article56 1998-03-31 16 [SINGAPORE] Kian Ho Bearings has reported a 65 per cent fall in net profit to $1.8 million on a 6 per cent slide in sales to $65.6 million. Earnings per share fell to 1.14 cents from 3.28 cents while net tangible asset also fell56 words
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109 1998-03-31 16 [SINGAPORE] Liang Huat Aluminium rewarded shareholders with a one-for-one 20th anniversary bonus issue after unveiling a fourfold increase in net profit to $2.14 million yesterday (from $420,000 previously). Group revenues were up 16.9 per cent to $123 million for the year ended Dec 31,109 words
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108 1998-03-31 16 [SINGAPORE] Compact Metal Industries lifted net profit by 366 per cent to $5.86 million for the year ended Dec 31, on revenues which were up 41 per cent to $130.85 million. The improved performance was due to a combination of higher turnover and lower108 words
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Article86 1998-03-31 16 [SINGAPORE] SMB United yesterday reported revenues of $60.44 million (up 13.5 per cent), and a bottom line profit of $9.66 million (up 2.64 per cent). Applying the brakes to profit growth during the year, said the company, was the group's trading operations, as well as86 words
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Article105 1998-03-31 16 [SINGAPORE] Twinwood Engineering has posted a 126 per cent increase in net earnings to $5.62 million for the year ended Dec 31, on revenues which were 25 per cent ahead at $20.87 million. The final sales outcome was down 5.7 per cent on forecast, said105 words
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Article77 1998-03-31 16 Corrections clarifications IN our report of Sembawang Corporation's results last Saturday, we said taxes went up by 16 per cent to $45 million for the year ended Dec 31,1997. Taxes in fact fell by 16 per cent to $45 million. Also, group pre-tax profit dipped to $94 million from $9577 words
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REGIONAL/INTERNATIONAL COMPANIES
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430 1998-03-31 17 Speed of deal takes analysts by surprise; no major car names remain in British hands after the sale AFP [LONDON] BMW of Germany is to buy the luxury car makers Rolls-Royce and Bentley for £340 million (Ss9o9 million), the owner of theAFP - 430 words
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Article, Illustration361 1998-03-31 17 AFX-Asia [LONDON] HSBC Holdings said it has reached an agreement in principle with Canary Wharf Ltd to develop a new headquarters building in Canary Wharf with construction costs of £500 million (Ssl.3 billion). The new building will enable the HSBCAFX-Asia - 361 words
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486 1998-03-31 17 £666 m offer seen beating NTL's reported £445 m bid Reuters [LONDON] Britain's secondbiggest cable company, Telewest Communications pic, looked set to clinch its bid for General Cable pic, beating rival NTL to the punch, analysts said yesterday. Telewest said over theReuters - 486 words
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Article, Illustration293 1998-03-31 17 AFP [TOKYO] Japan's oldest brokerage Yamaichi Securities Co Ltd closes its doors for the last time today, as it shuts down in disgrace. Yamaichi was the country's fourth largest brokerage and one of its most prestigious until it filed for bankruptcy last November,AFP; FILE PHOTO - 293 words
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227 1998-03-31 17 Bloomberg (LONDON] Bacardi Corp is expected to buy the Dewar's whisky and Bombay gin brands from Diageo pic for more than £1.1 billion (552.9 billion) in cash, people familiar with the situation said, giving Bacardi a foothold in the multibillion-dollar ginBloomberg - 227 words
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336 1998-03-31 17 Dutch-based global telecoms group eyeing NYSE issue FT [LONDON! Sita Telecommunications Holdings (STH), a global telecoms group, is considering a stock market listing likely to value the group at more than US$l.5 billion (552.4 billion). STH is a Dutch-based holding groupFT - 336 words
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307 1998-03-31 17 Second big boy this year for ICI which is oat to expand specialty chemicals Bloomberg ILONDON) Imperial Chemical Industries pic, the UK's biggest chemical company, agreed yesterday to buy Acheson Industries Inc for US$56O million (*****.4 million) in cash to expand itsBloomberg - 307 words
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236 1998-03-31 17 Reuters [LONDON] British lubricants and chemicals group Burmah Castrol, posting an 8 per cent increase in annual profits, said it planned to return at least £250 million (Ss66B million) to shareholders. The group said that implementation is likely some time after advance corporationReuters - 236 words
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Article347 1998-03-31 17 It focuses on games, game shows; draws revenue from ads Reuters [NEW YORK] Drawing on its electronics and entertainment expertise, Sony Corp has formed a new US unit focused solely on Internet entertainment projects, company executives said. Sony Online Entertainment Inc, will bring togetherReuters - 347 words
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FINANCE & COMMODITIES
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491 1998-03-31 18 Higher lending, fee income and strong reserves will cushion losses from Asia Bloomberg [NEW YORK] US banking earnings are expected to rise as much as 12 per cent to about US$l6.5 billion (5526.2 billion) in the first quarter, fuelled by increasedBloomberg - 491 words
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Article, Illustration411 1998-03-31 18 Shiv Taneja - New fond aims for growth through global equities, bonds By\ Shiv Taneja BLUE chip investment manager Schroders yesterday announced the launch of Singapore's first international balanced fund, which seeks to capitalise on the growth of equities and stable fixed income securities. The Singapore411 words
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150 1998-03-31 18 AFP [SHANGHAI] China Construction Bank (CCB) has opened its first overseas branch in Singapore, becoming the sixth Chinese bank to do so, a news report said yesterday. The Shanghai Securities News daily said the move showed that Chinese banks were confident of the prospectsAFP - 150 words
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199 1998-03-31 18 Bloomberg [JAKARTA] PT Bank Internasional Indonesia and PT Bank Dagang Nasional Indonesia, two of Indonesia's largest banks, said they're still working on their plan to merge, which they announced more than two months ago. In a statement to the Jakarta Stock Exchange, Bank InternasionalBloomberg - 199 words
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215 1998-03-31 18 Reuters [LONDON] British insurance company London and Manchester Group pic yesterday reported a 21 per cent increase in its annual dividend and promised to enhance the amount it would normally pay by 2.5 pence for the next four years to reflect its capitalReuters - 215 words
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Article215 1998-03-31 18 SSMELReport Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures gained from a sharp drop in Tokyo stocks yesterday, though dealers said trade was muted a day before the end of the Japanese fiscal year. "There's a lot of booksquaring for the financialReuters - 215 words
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Article157 1998-03-31 18 Cecilia Loh - MSCI TAIWAN FUTURES Cecilia Loh Cecilia boh, service dealer, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Stock Index futures tumbled 1.70 points. The March futures saw good seUing volume from Taiwan retailers through Pru-dential-Bache Futures and Sassoon Financial Futures, with Ong First Chicago Futures157 words
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296 1998-03-31 18 ENERGY REPORT Reuters [VIENNA] Opec producers bewailing shrunken revenues were to meet yesterday to seal output cuts crafted with other exporters to pull unwanted crude from glutted markets so as to revive prices. The cartel responsible for 40 per cent ofReuters - 296 words
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Article294 1998-03-31 18 AFP, Reuters London STERLING hit its highest level against the mark since September 1989 late yesterday at 3.0983 marks, still buoyed by speculation about a new increase of British interest rates and also helped by the US dollar's strength, operators said. The pound traded at 1600 GMT atAFP,; Reuters - 294 words
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Article, Illustration1182 1998-03-31 18 OTTERBAirK CROSS RATES Mar 30 A$ C$ CCM Ftr P» HK> Yw Ww Mi HZ$Nfcto H* S$ U* Sir m$ WNwi «S$ Australia 0.945 6.178 0.615 4.095 1222 5.164 ***** 97.332 0-878 9.223 2.400 1.199 29.499 ***** 1061 1321 1002 ***** ***** 0397 0367 Canada 1.059 5.858 0391 4339 12941,182 words
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Article1662 1998-03-31 19 S1C0M FUTURES Mar.m lUWtt Omwi$ deiee < SJOpB) ISS1 COifTIACT(S c«rtsAf) Close Vofaoe Open Wrnm HtqjN Low Sett ggMrt Interest Apr 98 1V4.25 400 May 98 116.00 115.25 115.75 250 2100 Jan 98 119.00 3150 JoVSep 98 125.75 124.50 125.25 1200 4995 0ct/ltac 98 ***** 5025 Jan/Mar 991,662 words
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Article1644 1998-03-31 19 Bloomberg Q Nikkei 225 -***** JAPAN'S benchmark stock index plunged to its lowest level in five weeks in anticipation the government will fail to meet its goal of pulling the market up to 18,000 for year-end book closing today. Leading politicians have called for the government to support theBloomberg - 1,644 words
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Article2350 1998-03-31 19 lOttTKEH hMitab Mar JO Peace *h 31 Group 585*000 -8.000 AB Ports 373.000 unch Abbey National 057.000 -27.000 Allied Domecq 585.400 -1.600 Anvec 155.000 -1000 Asda Group 195.200 1-200 BAT tod 610.400 2.400 BG Pie 310.000 unch BKX 148.000 -2.000 BOC Group 982.000 -12.000 BR Petroleum 882.0002,350 words
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Article, Illustration1529 1998-03-31 20 Reuters QlbmgSeng -23L74 HONGKONG stocks kicked off the week on a firm note yesterday but slid into the red in the afternoon to close sharply lower, with investors starting to take profits and with limited upside in sight, brokers said. The Hang Seng Index lost 231.74 points, or 1.97Reuters - 1,529 words
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Article, Illustration632 1998-03-31 20 Reuters Q Shenzhen B Index *0.07 SHENZHEN'S domestic A Share Index ended up steeply yesterday, buoyed by strong demand for utilities stocks, expected to benefit most from China's latest bank interest cut, analysts said. The A Index rose 11.1 points, or 2.8 per cent, to 406.89 as turnover swelledReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 632 words
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Article364 1998-03-31 20 AFP □WPlndo fl TAIWAN stocks closed weaker yesterday as investors turned cautious over gains last week and reports that the authorities would allow credit trading on the over-the-counter market, dealers said. "Investors chose to step to the sidelines as they felt risks were growing after last week's gains," LiaoAFP - 364 words
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Article252 1998-03-31 20 AFP n Wellington -37.79 RISING interest rates led to a 1.6 per cent fall in the New Zealand stock exchange yesterday, dealers said. "Stocks weakened across the board," said Tim Roller at Merrill Lynch. The NZSE-40 was down 37.79 points to 2,303.12 on turnover of NZ5119.6 million. Mar 30AFP - 252 words
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Article, Illustration801 1998-03-31 20 AFP □SETladei -4.76 SHARE prices ended weaker yesterday ahead of the release of key monthly economic data and new regulations for the troubled banking sector, dealers said. Analysts said Bangkok Bank and Thai Farmers Bank accounted for about 20 per cent of the selling on the local bourse. TheAFP - 801 words
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Article403 1998-03-31 20 AFP C 3 Composite Index -1193 SHARE prices closed 2.8 per cent down on the Korea Stock Exchange yesterday, weakened by an SBC Warburg report warning of further debt repayment problems expected in June, dealers said. The Composite Index closed down 13.93 points at 482.33, off a low ofAFP - 403 words
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Article598 1998-03-31 20 AFP CI AD Ordinaries -2L7 SHARES fell 0.8 per cent yesterday as a result of a slump in the price of resource leader BHP, brokers said. The Australian Stock Exchange's key All Ordinaries Index ended 21.7 points lower at 2,741.0. The All Industrials Index fell 45.1 points to 4,695.8,AFP - 598 words
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Article, Illustration702 1998-03-31 20 AFP Q Composite Index -&68 JAKARTA shares closed 0.1 per cent lower yesterday on profit-taking in late trade in anticipation of a government announcement on economic reforms soon, dealers said. "I think some people were just taking new positions late in the afternoon in anticipation of any good newsAFP - 702 words
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Article318 1998-03-31 20 AFP Manila -27.86 PHILIPPINE share prices closed 1.2 per cent lower yesterday as investors unwound positions ahead of the long Lenten holidays. The Philippine Stock Exchange Index fell 27.86 points to 2,273.80. Volume fell to 1.4 billion shares worth 1.2 billion pesos compared to 2,321 billion shares worth 2,209AFP - 318 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration408 1998-03-31 21 AFP n Composite Index -4.66 MALAYSIA'S key stock index closed 0.6 per cent lower yesterday in thin trade on a lack of fresh leads ahead of the deadline for finance company mergers. "There has been no news to move the market. Most were sidelinedAFP - 408 words
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Article8863 1998-03-31 21 MDUSTRtALS ConsMMr pfOAKtS 199# Last Vol Day Net Cap High Low Company Soto OOO High Low P/I Jmil 310 180 Ajinomoto 270 14.9 109.4 148 73 Angkasa 116 -7 5 121 116 2.7 171.0 290 123 Apollo Food Hlg 212 6.2 84 8 388 190 BerjayaLand 374 -6 49 3808,863 words
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WARRANTS & OPTIONS
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Article3569 1998-03-31 22 BOMBS, LOANS ft VABBAMTS Wt 1997/98 Last Vol Day Last Quota A»g High Law Stno Cow# any Sala *ar- COOO) High Law Buyar Sallar Prtea 68 9 m 3000 m AMOB c5.5******6 18 16 18 at 8 3160 'Acer ******1 USS 15.5 -0.5 11 16 15.5 14.5 15.5 131 8.53,569 words
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194 1998-03-31 22 R Sivanithy - WARRANT WATCH -By R Sivanithy BUYING time is one of the most important considerations for a risk-averse investor who wants to participate in warrants. This is because the chances of making money or minimising losses are maximised. As long as there's time left,194 words
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Article2344 1998-03-31 22 Transaction date Mar 30 j MALAYSIAN STOCKS Gr Of 1997/96 Last Vol Day Last Ouata Mv Mv YM Net M Cap W0> Law Stno Coaym, Sale fOOO) H>» Lorn Buyer Whf Co W Smd 478 28 ms 5000 AISBSOc 96 -5 323 WO 95 95-5 96.5 5.0 3J2,344 words
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6628 1998-03-31 23 Transaction date: Mar 30 Cr Or M Wt IMT/M Lilt Vol Day Last Owtl Wv W* YM N«rt Cap A»J High Low StNo Company Sala COOO> High Law Buy* *•<*' CMr P/I $mtl Prlca industrials 157 18.5 1020 ACE Dynamic l60c... 37 -1 2206,628 words
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Article1225 1998-03-31 23 Cr Or M Wt 1997/98 Lilt Val Day Last Ow<l Otv Mv Yld Nat Cap A vg Mm L— MMp Company Mi COOP) MNI> Um Bmyur ttUr Cw Pfl W Ww 186 76 a 2000 ABRHIdgsSc 116 100 115 3.0 6.0 0.1 165.7 51.6 115 448 76 2049 AS1,225 words
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STOCK EXCHANGE OF SINGAPORE
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Article214 1998-03-31 24 Stocks Volume •Uniphoenix 12,742,000 •Renonq Bhd 50c 8,735,000 "M Resources 7,215.000 •MBf Capital 7,052,000 Easyknit HKIOc 6,336,000 •Rekapacific Bh 5,780,000 HK land USIOc 5,246,000 Rolv IntUSIOc 5,154,000 •Pub Bk Foreiqn 5,066,000 Osprey M 4,537,000 Stocks SIA Foreign 21,492,508 OBS Foreiqn 14,786,900 SingTel 15c 12,623,566 OCBC Foreiqn 10,665,495 "Uniphoenix 9,231,410 Keppel214 words
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Article, Illustration64 1998-03-31 24 Shiv Taneja - -by Shiv Taneja OSPREY Maritime closed three-and-a-half cents lower yesterday at 92.5 cents on volume of 2.453 million shares, compared with its 10-day traded average of 3.35 million units. In the near term, the counter will come under further selling pressure. The daily RSI and Stochastics are calling64 words
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Article, Illustration640 1998-03-31 24 R Sivanithy - STOCK MARKET COMMENTARY Large number of earnings disappointments said to have weighed down prices; in Malaysia, slow decline continues By R Sivanithy [SINGAPORE] Just as most market players predicted at the end of last week, the lack of decent incentives to buy in640 words
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ON THE GRAPEVINE
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163 1998-03-31 24 WILLIAM Overholt, one of Hongkong's most quoted commentators, has resigned from Bankers Trust and is moving to Singapore to work for Bank of Boston, we hear. He is also the author of several books on China and was widely noted for his prediction that China163 words
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Article135 1998-03-31 24 WHERE it used to dangle four Mercs as the grand prizes for its annual lucky draw. Standard Chartered Bank will this year give away a cool million bucks to the lucky winner. Millionaire hopefuls need to have deposits with StanChart, and topping up your account will135 words
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Article97 1998-03-31 24 HLG Securities, the stockbroking arm of reclusive tycoon Quek Leng Chan, was shut down yesterday due to a fire in the building over the weekend. The brokerage, which is on the 21st floor of Wisma HLA, was not affected but the firm was said to be flooded97 words
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Article112 1998-03-31 24 A LOT of people probably didn't notice. But the Indonesian market is actually one of the world's best performing stock markets this year. For the year-to-date ranking, the Jakarta Composite is the world's fifth best performer with a gain of 34.95 per cent from its bottom112 words
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Article149 1998-03-31 24 HONGKONG'S Financial Secretary Donald Tsang is waxing lyrical about why Hongkong and the rest of Asia will bounce back. In his speech at the Credit Suisse First Boston investment conference last Friday, the financial supremo said he has no doubt that Asian markets will still be149 words
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Page 15 Advertisements
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Advertisement174 1998-03-31 15 Looking for a phone system to meet all your business communications needs...one that boasts a whole range of Auto Attendant Capabilities* External Paging* j advanced features but yet easy to use? STOP! Here's the C all Forwarding Line Queuing answer MHsuko a Multi-Conferencing Nttiuko phone systems are designed to be174 words
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Page 17 Advertisements
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Advertisement341 1998-03-31 17 Regulations for Banks and Merchant Banks A seminar for Management, Operations Staff, Internal Auditors and Finance Personnel In a dynamic business environment, it is important to take a fresh look at regulations and assess its impact on banking operations. This seminar will address banking regulations and current interpretations of banking341 words
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Page 18 Advertisements
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Advertisement91 1998-03-31 18 Our institute is an established organization with more than 20 years' experience in teaching Mandarin. Since 1992, we have been providing specially tailored InHouse Mandarin courses to companies and government institutions. and your organization^ Mandarin Fnr C.enerAl Purpose Beginners' Mandarin for Non-Chinese (Conversational) Beginners' Mandarin for Chinese (Conversational) Elementary Mandarin91 words
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Advertisement10 1998-03-31 18 The Straits Times Classified 1 Where buyers f 1 sellers10 words
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Page 20 Advertisements
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Advertisement9 1998-03-31 20 help your company profile j I jMßßPr*"** »v' v9 words
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Page 21 Advertisements
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Advertisement28 1998-03-31 21 j 11 i uM..i i..g ,'p. J ■.v. 1 1 Make The Straits Times I Classified your first pit stop when L shopping for your car or motorbike.28 words
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Page 22 Advertisements
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Advertisement50 1998-03-31 22 Wow! >v A buyer j I love this car 1 the very I I that I found next day. I through J v A The Straits Times room V Classified, y Buying or setting through 17 H I VTOOm... m The Straits Times Classified is child's Play. CallCAT.S.il 1800-737-1166. S50 words
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Page 23 Advertisements
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Advertisement140 1998-03-31 23 Whm %**i re in tlie business ci making umrwliins ihn tuglx Hit the KaMrm I'SA. Vwlliwest is the airline Un Toronto ><hj Because with the addition of daily flights to Minneapolis st Paul and 1 Vinm we mw tving unnvaled THESE DAYS SINGAPORE AND THE U.S. SHARE EASY, a«™~...any*™-km«*IIK-M^pp, CONVENIENT140 words
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Page 24 Advertisements
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Advertisement1172 1998-03-31 24 BUSINESS Notices To advertise call toll-free 1800-741 1883 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 PRO-BECE CONSTRUCTION PTE LTD (In Voluntary Liquidation) At an hxtraordinary General Meeting of the above Company duly convened and held at 190 M iddle Road #14-07, Fortune Centre, Singapore *****9 on Tuesday, 31st1,172 words
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Advertisement84 1998-03-31 24 f iwnwWßi ill wWMaBtKBEWwSzBFZ \mhkSm f and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or84 words
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SHIPPING TIMES
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Article297 1998-03-31 25 Bridge News, Reuters THE rate on the key Panamax US Gulf-Japan run tumbled, as did time-charter rates from the area, with new cargoes scarce. The capesizes rate also remained very weak. The Baltic Freight Index dropped to 982.6 points under the previous low seen this year when 988Bridge News,; Reuters - 297 words
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Article286 1998-03-31 25 wmmmmwmm HmM It HI CWT Distribution 0.75 unch 16 Chuan Hup 0.54 -0.015 25 Cosco tovastmant 0.755 -0.015 75 FraifM unto ®34 -0.01 M CS MMMnqs 0.35 -0.03 59 Hal Sun Hup 0.635 -0.025 41 Hitachi Zosan 0.7* *0.02 1973 IMC Holding* MK 5.60 Jaya Holdings 0.62 Juronq286 words
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465 1998-03-31 25 Sale of up to 12.4 m shares planned, amounting to over 14% of port operator Reuters [LONDON] The British government is to sell its stake worth around £70 million (*****.6 million) in port operator Mersey Docks and Harbour Co, whichReuters - 465 words
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Article, Illustration121 1998-03-31 25 [SINGAPORE] Sembawang Marine Offshore Engineering (SMOE) said it has completed the fabrication of jackets and topsides for Maersk Oil Qatar. The platforms are currently being transported on barges to theAl Shaheen Field, off Qatar, where installation is scheduled to commence next month. The contract involves engineering, procurement,121 words
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450 1998-03-31 25 Statement comes after USs3sm deal to buy 5 gas carriers Reuters [LONDON] Specialist shipowner MC Shipping Inc plans to make further ship acquisitions following completion last week of a US$35 million (5555.6 million) deal to buy five small liquid petroleum gas carriers.Reuters - 450 words
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Article, Illustration72 1998-03-31 25 [GLASGOW] Picture released by Greenpeace shows Greenpeace activists on Sunday, next to a protest banner which they unfolded onboard the Saga Wind cargo ship carrying ancient Canadian rainforest timber, in Greenock harbour outside Glasgow. Greenpeace said that "1,000-year-old trees have been destroyed and an entire eco-system put atAFP - 72 words
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390 1998-03-31 25 Marcus Hand - Firms said merger is dne to changes in cargo transportation By Marcus Hand [SINGAPORE] Japan's largest shipping line Nippon Yusen Kaisha (NYK Line) is taking over troubled fellow Japanese shipping company Showa Line. NYK signed a Memorandum of Understanding (MOU)390 words
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196 1998-03-31 25 AFP [TOKYO] US ratings agency Moody's Investors Service yesterday put Japan's top shipping operator Nippon Yusen Kaisha (NYK) under review for possible downgrade. NYK. a century-old shipping company, said last Friday that it would absorb Japan's fifth largest shipping firm Showa Line Ltd,AFP - 196 words
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114 1998-03-31 25 AFP [YANGON] A Singapore-built wharf stretching 198 metres along the bank of the Yangon river at Kyaukktan township south of here has opened for business, a report said last Thursday. In addition to freight-han-dling work, the wharf will serve as a production complex forAFP - 114 words
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Article, Illustration836 1998-03-31 26 CHINA TRADE Shipping Chinese goods out of mainland ports rather than HK is likely to be more cost-efficient says logistics firm Cargonews China European, North American and other overseas importers sourcing products in China should consider using new freight transport routing options. Specifically, they shouldCargonews China - 836 words
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259 1998-03-31 26 PAGE Dongnama 7 ACL 9 ECL 5 ANL 3 Ethiopian 6 Accord 8 Eurohans 6 Appenship 5 Evergreen 6 8 Astro 3 FoongSun 8 Austral 9 Clink 4 BSA 7 Gemartrans 8 Batamindo 7 Genshpg 9 Bayswater 8 H»i Sun Hup 8 B'tang259 words
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Article23257 1998-03-31 34 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 15/0* 09/05 Triestino N LLOYDIANA 0208 015W 65 *****35 A 17/04 07/05 CMA MED KEELUNG 45-*****22 ■r iDinuuiighMAI ,T/ 04 07/0523,257 words
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SHIPS IN PORT
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Article760 1998-03-31 39 Vessel Voy No Berth Arrival Departure Juronq Fort Aienasenwr I 02/98 J02 alongside 30.03/0#00 Asm Eipress 65 A J06 alongside 01.04/0700 Aulia Seraya 0898 J02 alongside 30.03/2000 441 J17 jkwxjiitf* 30.03/2300 Bt Ou main *****8 J01 alongside 31.03/0530 Bt Halomoan 2Mar98 J01 alongside 30.03/1600 Bt Ihl 11 *****8760 words
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Article1792 1998-03-31 39 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/Balanc* Rstls Ship Voy No Etb/Btr Ptriod From To From A(«0UI<0 ill* 02/1000 U 10/1400 30/1*59 10/1900 W II JO/WOO 10/1*5* 10/1*00 U 10/1700 31/0*5* 31/0*00 21 30/1700 31/0*5* 3V0*00 I 31/0700 31/115* 31/1*00 31/1200 31/145* 31/1700 Ml Mm 2*051,792 words
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Article204 1998-03-31 39 Apr 0 Hong Kong: Ching Ming Festival. Apr 7 Brunei: Harl Raya HaJiMalaysia: Harl Raya Httfi. Apr 0 Denmark: Maundy Thursday. Mexico: Maundy Thursday. Apr 10 Australia: Good Friday. Canada: Good Friday. Denmark: Good Friday. Finland: Good Friday. Germany: Good Friday. Hong Kong: Good Friday. Indonesia: Good Friday.204 words
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Article916 1998-03-31 39 THIS report, compiled by Cockett Marine Oil Ltd. *how* price r*nget In US dollar* mttead of tingle price* for a more comprehenalve description of the market Price* thown are bated on avera(*-*Ued item. Market movement* are indicated The Cockett Bunker Price Index change and the Individual916 words
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Article445 1998-03-31 39 180 MM 993.5 2.0 17.4 0.31 61 0.01 oil** —».<« aas *«> «*~M JMST 115 m.« 0.3 0.0S *,12 300 MM 992.3 0.9 19.9 0.13 64 0.06 Mflri »»A %M/M No *6om 638 3 0 4 0 0 0 iSO/Clm* UmHi Spoc £25 991 1.0 15.0445 words
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AIR & LAND TRANSPORT NEWS
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453 1998-03-31 40 Though industry faces challenge, recovery is seen once region stabilises AFP [MANILA) Travel executives in the Asia-Pacific region said yesterday they are facing their greatest challenge amid a regional financial crisis but remained confident of a recovery. Pacific Asia Travel Association (Pata)AFP - 453 words
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217 1998-03-31 40 AFP [TOKYO] Europe's Airbus Industrie said yesterday the collapse in Asia's air traffic hit hard by the region's economic crisis was only a "temporary phenomenon" and would recover within two years. "Clearly, the rate of growth this year and next yearAFP - 217 words
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Article, Illustration370 1998-03-31 40 AFP [LIMA] At least 28 people were killed when a Peruvian Air Force plane on a civilian aid mission crashed between two shantytowns on Sunday in the northern city of Piura, President Alberto Fujimori said. Fifteen people survived the crash, theAFP - 370 words
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308 1998-03-31 40 Pilot decided to land in Wellington airport despite strong winds AFP [WELLINGTON) A terrifying landing by an Air Pacific Boeing 737 here is under investigation by the Civil Aviation Authority (CAA), a spokesman said yesterday. The flight from Nadi, Fiji, landed inAFP - 308 words
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Article1847 1998-03-31 40 OTT FLIGHT ETA FUGHT ETD Abu Dhabi GA975 1035 Guangzhou P#C $0803 1905 CZ354 09)0 CV794 2300 COS 1048 SM04 MM Adelaide 8*7381 1930 BA7382 2055 O30jg_jM0 0F81 1930 0F82 2055 Hanoi VN741 1310 VN740 1410 $0229 2220 WW1 l»» Amsterdam $0327 0T55 M.844 0040 HatVai1,847 words
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Page 25 Advertisements
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Advertisement19 1998-03-31 25 China ports have an edge It beats HK for cost-efficiency in shipment of goods, says logistics firm. Page 219 words
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Advertisement403 1998-03-31 25 Optimism over Asia-Pac travel Despite region's crisis, travel execs expect recovery once it stabilises. Back Pago Simon Tarlton has joined Jardlne Ship iP m. Management (JSM), in the newly created position of marketing manger. Mr Tarlton, 34, comes from tJ the marine division of Lambert Brothers Insurance Brokers of Hongkong.403 words
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Page 26 Advertisements
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Advertisement755 1998-03-31 26 I IMPORT I SINGAPORE CALIFORNIA EXPRESS (DIRECT FROM WEST COAST) IQULF KARACHI EXPRESS (QKX) .1 VISSU 1 ¥0Y 1 OAK I VAN SIA LA SIN VISSII VOT JU DMN lAH KAR (Ot PRO S» VHXI tX SAGITTA 01WSQ0 2S/02tVlA IGO) 15/03 NYX VIRGO 051 04/01 M/ 03 00/03 11/03 10/03755 words
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Advertisement685 1998-03-31 26 jgtSk. #M*r«* S oi». 'Iol' by Memoers o'the Registry ol m m u,I Sngapore Freight Forwarders Accredited Shipping Agents uUy Assoc ate V"'.y Singapore Shipping Assocatoo Retrieve More Information On Sailings 24-Hours-a-Day Through Our Fax-on-Demand System from The Shipping Guide To Use This Free Service, Just Call 740-6000 EXPORT 3685 words
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Page 27 Advertisements
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Advertisement1066 1998-03-31 27 SAX SERVICE (DIRECT) I VBSa VOY SiH ETA LAX OAK o*l HOU Oi COl MIM Apl JAM ooiE 11/03 26/03 31/03 31/03 01/04 01/04 01/04 01/04 02/0* 02/04 AfIGAWtT —0011 18/03 02/04 07/04 07/04 08/04 0»/04 08/04 08/04 09/04 09/04 NOHURQUOSI 01 St 25/03 11/04 14/04 14/04 15/04 15/04 15/041,066 words
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Advertisement1832 1998-03-31 27 HANJIN SHIPPING HANJIN SHIPfING (S) PTE LTD hn» Uwm hon,. n m» IOOtiNC 37*0735 73/ SAIfS *****24 738 OOCUNENT *****71 2/4 OffUIKMIS *****41 757 MAIN LINE *****55 FAX 222*40 «*0 11 534******* TO NW USA CANADA USA CANADA* FM VSI/VOT UM SM UNEHAUI/VOT SEA TIW DEN POX CM MSP PIT1,832 words
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Page 28 Advertisements
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Advertisement1747 1998-03-31 28 DSR-SENATOR LINES TO UK/CONTINENT TO RED SEA/M^ITERRANEAN/CANADA VtSSfL VOY 7ST ItM HTM Mff HAM IftV RJI <t«ft *0* SIN MO GIT sft FOS W.C MTU TRAM ETERWTf WQ»I7 03 04 M M 25 04 23 04 24 04 2104 WASHWGTO* SEN WMOI7 0414 IS 04 21 04 2) 04 241,747 words
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Advertisement1234 1998-03-31 28 MV MING LJNE YML Internet Web Site http: //www yml.com tvw ?l,nhk «M 4** ft v < IJlJjmjl.'lilM.'HlllJll'lil.'UHlUlLlllJimi :BJil.'Ml.'lJ?WJ:l;imii'lJ:l&H.-|j:l iMl ARRIVAL FIKO DAY-TUESDAY VESSEL VOV LEM FXT HAM AMR MFA SIN MING GLORY ABo6£ SLO SLO SLO SLD SLD 31/03 MING MOON ABO 7 SLD SLO SLO SLD SLO 07/041,234 words
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Advertisement538 1998-03-31 28 JESSELTON LINE fiy TEL: *****56 FAX: *****12 MUARA f LABUAN VfSSCL VOT no ETA VESSEL VOT ETC ETA SPORE MUARA SPOKE UN AHiaOltY VOBI/98 31/03 03/04 AfUGIOtT VOBI/98 31/03 04/04 IPROSPW VO9E/W os/04 01/04 J- «OSPfR VOW/91 05/04 09/04 APRHaORY VO9I/98 09/04 12/04 *«1«0«Y VO9l/98 09/04 13/04 1 PROSPER VIOI/91538 words
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Page 29 Advertisements
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Advertisement1584 1998-03-31 29 1 VESSEL VOY SIN BKK POU PKO PEN BLW SUR BA BIK IRAN SHOJAAT PJL-1271 18/03 2«/03 IRAN TEVFOURI PJL-1273 21/03 30/03 1111 1 I 1 I ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN CIS COUNTRIESI.E.AZAR^MUJAN, ARMENIA KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN, KIRGISTAN. TADZHIKISTAN GEORGIA VIA B. ABBAS, BIK AGENT IN1,584 words
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Advertisement2129 1998-03-31 29 KMPSyiWwSySW COMPLAINT HOT LINE 1 TEL: *****35 I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFICE; i COSTAR SHIPPING PTE LTD #i 7-08 DBS ILDG SAUS/IKGS 4205M1/43 INWARD DEPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M TOWER2,129 words
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Advertisement589 1998-03-31 29 %-=n EASTERN CAR UNER, LTD.'^TsSirr LtJ KL (SINGAPORE) Fit LIP SZSIi ,r 1 SPECIALIZE IN RORO HEAVY LIFT UPTO 122 TONS ECL (SINGAPORE) PTE UD LOADING FOR PORT KLANG/MUARA PORT KLANG/PENANG MV "ORANGE SKY" V.BO MV "BAAB ULLAH" V.49 ETA SIN 28/03/98 ETA PKL 29/03/98 ETA SIN 29/03/98 ETA PKL589 words
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Page 30 Advertisements
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Advertisement1343 1998-03-31 30 EUROPE/UK/SCANOINAVIA/fIHLAND/RUSSIA SGP RDM ANW HBG THP ZEE IHV LHW THP ROM ANW HBG PKL SGP E DECENT RW 003 04/D4 24/1)4 29/04 25/04 27/04 28/04 29/04 E GOODS RE-060 07/03 06/03 08/03 10/03 02/04 E DELUXE RW-002 11/04 01U5 06,-05 02/05 04,115 05/H5 06/05 E GLEEFUL RE 062 06/03 10/031,343 words
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Advertisement1022 1998-03-31 30 am MAC-NELS S'PME M'SIA Carrier: MN CONTR LINES, INC I IWX J cm MO: **********0 C SffiU: (064) *****9 MANILA: (632) *****24 V PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHING (062) *****1-3 MANILA GENOA/BARCELONA MV "MARTRAVELUER" V.1,022 words
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Advertisement439 1998-03-31 30 /W NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRia vessel I vor I sim I piu I dw I cn I »/iat~ KAKUI DRAGON VOOSS 01/04 10/04 14/04 11/04 WAMTAI PRINCE VO2IS 07/04 20/04 24/04 NAMUimtUS V.026S 14/04 22/04 26/04 30/05 03/05 GOLDEN DIUGOW VQQ4S 21/04 30/04 05/05 OS/05439 words
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Page 31 Advertisements
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Advertisement566 1998-03-31 31 BSfl x M MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) VKSfI VOY SIN PKG PHI PGU PAGAN 2 SAW SID lAGO 101W 04/04 MALAYSIA AGENTS: lOUSTIAD SHIPPING AGfNCICS KUL m 02-03-*****00 PKL HI 02-03-*****01 POfc TO 02-04-*****02 PGO: HI 02-07-*****21/4 BANK LINE (A servitt of566 words
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Advertisement1225 1998-03-31 31 IA HYUNDAI MERCHANT MARINE CO. LTD. fVBSa VOY ISM 1 SOU lIH RTM ANT HAM BRV EE |VK5a VOY|SOU[LfII|RTMIAIff|HAM[BtV|EaBSI| API ALMANMNE 30IW 02/04 20/04 25/04 22/04 23/04 LA LORE SOX 13/03 14/03 08/03 10/03 31/03 304W 03/04 24/04 25/04 19/04 21/04 ACAWLCO 301E 09/03 14/03 11/03 12/03 02/04 SSuYWINE 3IOW1,225 words
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Advertisement955 1998-03-31 31 MB norwegon specialized autocarners mm mmi//v£s TO NORTH AND LATIN AMERICA HEAVYLIFT SERVICE" [VESSEL VOY RAMP HEIGHT iIN LAX CRL MIA SAV BAL ORF NYC NEW MOB TAMPA FBOB 4001 ms 6.3 M IW 10/05 WO5 2275T 24/05 26/05 27/05 28/05 02/0* 06/06 TALAIOT FBO9 400 Tom 6.3 M 2S/04955 words
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Page 32 Advertisements
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Advertisement976 1998-03-31 32 BAWQKOK/LAEM CHABANQ JAKARTA/PANJAWQ VESSEL VOY SIN EIKK LCH VESSEL VOY aN JKT PJN KITI BHUM" 47N In Pt 03/04 DEJA BHUM 741S In Pt 03/04 02/04 NANTA BHUM 387N In Pt 04/04 03/04 MATHU BHUM 361S 02/04 04/04 SINO OCEAN OCNQ6S 01/04 04/04 MATHU BHUM 361 SB 02/04 04/04 XETHA976 words
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Advertisement463 1998-03-31 32 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****5 SINMER HI HfV CR No: **********0W Receiving Cargo at PTI Blntulu Muara VESSEL VOY SIN By VBSfi VO! Sj |W B Stria V9807E ll 12/04 17/04 MJode VW5{ 02 03/04 06/04 B Befall V9805E463 words
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Advertisement566 1998-03-31 32 m 4CCORD A SHIPPING PTE LTD TEL *****15 (40 Lines) FAX *****30 FORT KLANG (03)367 1001 J DIRECT ACCESS YEL *****55 (EXPOUT BOOKING) Hilt GUOANG (07)351 1377 *****34 (EXPORT DOC), *****39 (IMPORT) PIHAHG (04) 337 144 i URUHTTP://WWW.ACCORD.COM.SG JAKARTA (21) 640 0770 PORT ITA SIN PORT ETA SIN PORT ETA566 words
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Page 33 Advertisements
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Advertisement406 1998-03-31 33 INPONEsB^/mONA^N^I TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE VSI VOY P P0« A OAM;K DAM H BURG BREMEN ANTWERP A VESSEL 211* 1/5 OMIT 5/5 TO AUSTRALIA I FULL CONTAINER SERVICE VSI VOY RS "IfflE BNE SYD MEL NBA API FWE AUST ENTERPWSf VI3S 02AK M.W| 15f14 1704 2004 2MM Vllf KCAKUA406 words
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Advertisement1091 1998-03-31 33 ADVANCE CONTAINER LINES (PTE) LTD A 140 Cecil Street, #12-00. PIL Building, Singapore *****0 IAI TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60 *****05 BANGKOK JAKAKTA iWMkly 5 Slot PAT/ 2 Sl«t LCH/1 Slg 6MT) *•"*>«/»"*> VESSEL VOY SIN BKK VISSa VOY SN *T 027N1,091 words
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Advertisement994 1998-03-31 33 VESSELS VOY SIN JED I MLA LEH HAM THP RTM ZEE VILLE DC MIMOSA V2SW 31AP 09/04 14AM 19/04 21/04 22/04 23AM 24/04 VLLEOE TANYA T2SW 08AM 17AM 22AM 28AM 29AM 30AM 3QAM 01/06 VJ-E DE TAURUS A2SW 15AM 24AM 29AM 06/06 00/06 06/06 06/06 08/06 VILE D AQUARIUS U2SW994 words
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Page 36 Advertisements
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Advertisement50 1998-03-31 36 To retrieve more schedules, just follow these simple steps... Step VTtfhe document 740-6000^^^^^ tep be faxed Select the port I your ste ste P key in the four number /j digit code Key in your Example: i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore50 words
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Page 39 Miscellaneous
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Miscellaneous131 1998-03-31 39 LEGEND R Thunderstorm Temperoture c X\ A Weather Wind direction with speed in knots Rom V_/ Cloudy Sky WOV h 9 ht Surface winds ore indicated by arrows which fly with the wind One full circle represents calm or light ond vorioble winds One holt fleche represents 5 knots I131 words
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Page 40 Advertisements
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Advertisement226 1998-03-31 40 HBUSINESSCENTRE Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. Call 740-6000 ST Press "1" key in Document Code S1 Key in fax number Enter your phone number I f L x other fiD® Document Code ANALOGUE OIGITAL ■RTSVTEVi WALKIE-TALKIE 'DIRECT CONNECT BillllFfl226 words
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